BATM

Company Overview

Snapshot

Founded in January 1992 by Zvi Marom, BATM operates with 51–200 employees. The company has raised $18 million across two funding rounds, with Shore Capital participating as an investor. A key milestone for BATM was its listing as a public company on the LSE in July 1999.

Business overview

BATM Advanced Communications provides real-time technologies across two primary operating divisions: networking and cyber-security solutions, and biomedical and biowaste treatment solutions. Its biomedical division develops diagnostic laboratory equipment and services, alongside products for treating biological pathogenic waste in medical, agricultural, and pharmaceutical industries. The networking and cyber division focuses on advanced software and cyber security, offering telecommunication network solutions primarily to tier-one businesses and governments globally. The company operates in the Cyber Security, Network & Infrastructure Security, Health Tech & Life Sciences, Medical Devices, and Diagnostics Devices sectors.

Strategic signal

In October 2023, BATM invested US$3.5 million in ADOR, a diagnostics business. This strategic investment signals BATM's continued commitment to expanding its biomedical division and strengthening its position in the diagnostics market, indicating a focus on growth through targeted acquisitions and internal development in this segment.

Company Intelligence Q&A

When did BATM become a public company?

BATM became a public company with its listing on the LSE in July 1999.

What was BATM's most recent funding activity?

In June 2019, BATM raised $18 million in a funding round, with Shore Capital participating as an investor.

What was a significant recent contract win for BATM?

In October 2023, BATM secured a multimillion-dollar cyber security order, following another cyber security contract win with a government defense department in September 2023.

What was a notable acquisition made by BATM?

In February 2017, BATM acquired Zer Laboratories, expanding its medical diagnostic business.

Who is the founder of BATM?

Zvi Marom is the founder of BATM.